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The average hospital charge for a total knee replacement (TKR) in the United States is $49,500. A partial knee replacement (PKR) typically costs about 10 to 20 percent less than a TKR. The main reason is that the operation requires a shorter hospital stay: an average of 2.3 days, compared to 3.4 days for a TKR. Keep in mind that hospital charges donât reflect the amount you pay out of pocket.
Overall, the new rules would affect more than 800 hospitals in large and small cities. Knee and hip replacements are two of the most common procedures for Medicare patients and cost the federal program more than $7 billion for hospitalization alone in 2013. The proposed program would apply to about a quarter of the 400,000 knee and hip replacement surgeries performed annually on Medicare patients.